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Showing 1181 - 1190 of 8462 results for "Day"

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
QSuper has officially launched its new product to meet the increasing demand for guaranteed retirement income well ahead of the federal government's mandate. Lifetime Pension provides tax-free fortnightly payments for members aged between 60 and ...

Class chief financial officer exits

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
Class has announced the resignation of its chief financial officer Glenn Day after 12 years with the company. Class chief executive Andrew Russell said Day is leaving his role to pursue other opportunities and his final date of employment will be finalised ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
Despite the fairly sunny economic outlook, lower investment returns are a reality that institutional investors will have to grapple with, according to Fidelity International. Fidelity International cross asset investment specialist Anthony Doyle said ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... lawsuit for allegedly failing to protect more investors from the troubled Woodford Equity Income Fund (WEIF). UK law firm Leigh Day is representing more than 4000 clients who invested in the WEIF, which is now known as the LF Equity Income Fund, alleging ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... value of Mainstream's equity of $152.6 million on 8 March 2021, a 20.6% premium to the value of its equity based on the 90-day volume weighted average price and 41.9% on the 180-day volume weighted average price. In February this year Mainstream agreed ...

Childcare costs drag women's nest egg

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... long-term unemployment should be explored," the IMF said. "More than two-thirds of Aware Super members are female and every day we see the very real long-term impact of the current gender pay gap, and more time spent out of the paid workforce in a caring ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... disputed the specifics of this conversation. They claimed Klees had been informed that to get the money out early there was a 30-day notice period and a 1.5% fee and that he never used the phrase "term deposit". In March 2020, Klees purchased a property ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
... percentage points from 2016. The only country with more women in leadership is Israel at 38%. This International Women's Day, Financial Standard recognises the Australian women of financial services who are climbing the corporate ladder, be they ...

Clime, Bristow to face court

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... range of matters and was then made redundant. After a pre-hearing last week, the matter has now been scheduled for a three-day trial in August. Clime and Elanor were contacted for comment.

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
... in 22-23, 3.5% in 23-24, then 2.9% and 2.8% in the following two years," he said. "The FTSE-100 index rose by 0.9% on the day of the budget announcement but fell by 0.4% the following day. This year to date, the FTSE-100 has advanced by 2.9% but still ...